Pls read the weekly prediction posted last Friday when market was about to close .
And market is yet to open in another 9 hours and so there is no dominant global clue about likley direction of Indian markets on Monday. Because of greater reliability of Day Predictions it over-rules Weekly prediction when in conflict
Our Tarot Card Model Indicates: Mixed Choppy Trading: If Market opens positive which It may, it will soon correct and hence
short on positive opening of more than 100 points on sensex.
2nd Phase: after a gap down opening or correction in morning, markets likely to recover and peak for the day by mid day or around that time. However deeper slide awaits in late afternoon.Market may close well above day's lowest point: Overall an indecisive choppy day. The othe rpossibility is a day chart which is almost flat throughout the day.
Call Options can be purchased very early during trading session after markets corrects 150-200 points from mornins' highest point . USe Tralining Stop Loss of 25 Points to buy Call options after market has slid 125 points from morning highs ( Unless global cues in morning indicate deeper correction)
usual disclaimer applies: Predominant drawback of our day ( or weekly) Predictive Model is extent of Fall or Rise in Mian Index- we take into account extent and quality of external factors to determine extent of possible upward or downward movement. Our Model Predicts Volatility, Significant Upward or downward Movement and approximate timing of such movements
